We look at the division of 862008 by 16 
We want to figure out the number of times 862008 can be divided by 16.

Advancing to step 1:
If we divide 8 by 16, we get 0 and a remainder of 8.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 8 and we're left with 8.
Bring next digit (6) of the dividend behind the 8 and repeat the process: 86 / 16

Advancing to step 2:
16 can be fit into 86 5 times, resulting in a remainder of 6.
Write down 5 as next digit of the result. 
Result so far: 5.0
The remainder is 6 after subtracting 80 from 86.
Append the next digit (2) from the dividend to 6 and continue with: 62 / 16

Moving on to step 3:
If we divide 62 by 16, we get 3 and a remainder of 14.
Put 3 as the next digit of the answer. 
Result so far: 53.0
The remainder is 14 after subtracting 48 from 62.
Bring next digit (0) of the dividend behind the 14 and repeat the process: 140 / 16

Moving on to step 4:
If we divide 140 by 16, we get 8 and a remainder of 12.
Put 8 as the next digit of the answer. 
Result so far: 538.0
Subtract 128 from 140 to get 12.
Fetch the next digit (0) from the dividend, attach it to 12 and continue: 120 / 16

On to step 5:
16 can be fit into 120 7 times, resulting in a remainder of 8.
Put 7 as the next digit of the answer. 
Result so far: 5387.0
If we take 112 away from 120, we end up with 8.
Take the next digit (8) from the dividend and append it to 8, then repeat: 88 / 16

Step 6:
If we divide 88 by 16, we get 5 and a remainder of 8.
The next digit of our result is 5. 
Result so far: 53875.0
Subtracting 80 from 88 leaves us with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

On to step 7:
If we divide 80 by 16, we get 5 and a remainder of 0.
Use 5 as the next digit of our solution. 
Result so far: 53875.5
The remainder is 0 after subtracting 80 from 80.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 8:
16 can be fit into 0 0 times, resulting in a remainder of 0.
The next digit of our result is 0. 
Result so far: 53875.5
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Going ahead to step 9:
If we divide 0 by 16, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 53875.5
Subtracting 0 from 0 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

The final result is 53875.5 with a remainder of 0.0.